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Dental Office Bonus Systems – A Full Guide

One very important goal for all businesses is to hire and keep high-performing employees, and this applies to dental offices as well. A dental office bonus system is one way of achieving this. Bonuses raise spirits, motivate workers, and make sure that employees feel recognized and valued. In this guide, you will learn about specific benefits, the types of bonus systems that you can implement, and how to implement a bonus system in your practice.

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Why Should You Implement a Dental Office Bonus System?

According to a study from the Incentive Research Foundation, these are some of the reasons why you should set up a bonus or reward system:

  • Performance of employees: A well-structured reward system can increase performance by 44%.
  • Motivate employees: Incentive programs can motivate up to 66% of employees to stay at their jobs.
  • Customer loyalty: Positive employee attitude can make 41% of customers stick to a company, but a negative employee attitude can make 68% of customers leave.

Well-designed dental office bonus systems should: 

  • Eliminate employee complaints for the occasional extra workload.
  • Help employees autoregulate by giving them a common objective to work towards.
  • Reward staff for their hard work and help them keep the momentum.
  • Reflect on the total practice earnings by a difference superior to the cost of given bonuses.

Characteristics of a Good Bonus System

To work as good incentives, bonuses need to be achievable, fair, straightforward, and understandable, and they should make staff feel like they are sharing the success when the practice is financially healthy.

The bonus needs to be impactful enough to motivate people to work for it, but don’t overdo it. An experiment performed by behavioral economists where they issued high, medium, and low bonuses to people for doing the same task showed that the groups of people perceiving low and medium rewards performed on the same levels, whereas the group with the highest bonus performed poorly as they felt an extra pressure that was counterproductive.

The goal must be realistic and increase over time to keep employees challenged. If the goal stays the same for too long, it loses value to the staff and becomes a part of the payroll. A good practice is to review the goal every three months; it should also be aligned with scheduled raises.

It’s also important for the person in charge (the dentist, practice owner, or manager) to demonstrate being enthusiastic when the employees receive a bonus for achieving a goal. You can also consider making the distribution of the bonus checks a ceremonial event inside the practice to give the staff a sense of excitement. It’s important not to delay the payment of the bonuses, as it can give the impression that the owner is not happy to share the growth of the practice, and employees might stop trying to reach their goals. In other words, associate the bonus system with keeping the morale high among your staff.

One idea that falls on the side of these guidelines is to give surprise bonuses. Research from behaviorists found that random reinforcement is a very strong motivator, often more than a reward program, which sometimes can be seen as impersonal and have the potential for disappointment. Surprise bonuses given by the boss as a sign of appreciation for hard work have a more powerful positive impact, especially if accompanied by a personal note thanking the employee. This can also be implemented as an “extra bonus” besides the standard reward system. Even if only a symbolic amount, it is proven to keep the spirits up among employees.

And a golden rule is that your bonus plan should work to motivate people, not to complement poor compensation or substitute scheduled pay raises. Make sure you are fairly paying your staff before considering a bonus system as it can look like a poor attempt to throw them a bone to keep them content.

How to structure an employee bonus plan?

To start a bonus system, the first step is to choose the approach you will be taking. The most common ways to bond goals to bonuses are at the individual or practice level, or both. The goals should be specific and measurable and avoid any vagueness.

An individual goal program sets a series of goals for each role that are linked specifically to their job. For example, a hygienist can have a goal number of cleanings per quarter, or the front desk can have a goal of zero unreturned calls. These goals are very simple and allow the employee to autoregulate to reach an objective, i.e. “If I achieve X, I will get an extra $X”.

Practice level targets are based on the production or growth of the business. This can encourage self-regulation between employees and also a sense of team play.

  • For example, if your target is to have a 35% growth in a year, and your team reaches 37%, you can give them a fixed amount for achieving the goal and divide the extra between the team. 
  • Another approach is to set a fixed bonus amount for a set of tiers, i.e. your first goal is making $80K in the next month and the bonus is $2K  to be divided by all; but if they reach $100K, then the amount to be divided becomes $3K; and if they go all the way to making $120K in production, then the bonus is of $4K to be divided among the team.

Once you decide on your approach, you need to keep a few things in mind when you are setting a target number:

  • Any bonus incentive must be achievable to be a motivator. 
  • Make it independent of the doctor’s vacation days or equipment purchasing, or review the target when these events happen.
  • You can set the goals on a monthly, quarterly, or yearly basis, but it is recommended to make the reward feel as immediate as possible. The annual bonus takes a lot of time to be seen by the staff so they might lose their motivation on the way.
  • Make sure the bonus is significant for the employees, but it doesn’t create a hole in your newly increased income. 
  • Be clear as to when the staff is going to receive the bonus.
  • Be fair with all the team members. If one of the employees starts missing workdays and therefore collaborates little on achieving a goal, keep them out when you distribute the bonuses. However, make sure that you are clear about this issue beforehand.
  • Set an amount of time that new team members need to wait before they enter the bonus system.
  • A good tip is to involve the staff in the economic performance of the clinic before setting a goal to implement an incentive plan, like asking them to get a daily report of the collection and production value. This way they can get around the idea of the monetary value of their work.
  • Part-time members of the team should be included in the bonus program but with the adjustments necessary to make it fair with full-time workers.
  • Members of the team that work on commission should be left out of the reward plan.

It is important to consider taxes when you think about a bonus. When you’re picking a number, be sure to take the amount your employee will ultimately take home into account. A bonus might be taxed in several ways because it increases the compensation for your staff. The most popular approach directly taxes the incentive at a flat rate of 22%. So, if you give a $1K bonus, $220 of it will be paid to the IRS. This strategy is popular with businesses since it is simple to implement and takes less from the bonus than other options. The aggregate approach is another strategy in which you combine your employee’s bonus and wages and then deduct taxes based on the bigger sum.

When setting a goal based on the money generated by the practice, it is important to consider all the income channels. Insurance money should be accounted for in the bonus system because it’s part of the production value, even if it’s from months before, and the staff worked for it. Other sources of income are direct patient payments and even dental scrap recycling!

Did you know that if you work with the right dental refiner you can make a passive income for recycling your dental scrap that can even cover the value of your dental office bonus program?

As an industry leader in dental scrap refining, Core Scientific revolutionized the industry by bringing the highest returns to our customers. Our cutting-edge refining technologies and commitment to giving you full transparency give our clients a 200-300% increase in their revenue when they start working with us. 

 

You can start realizing the best returns for your dental scrap too! Request a FREE container now or contact us to learn more about how we have revolutionized the refining industry.

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We are the Leader in Noth America

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

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Dental Sharps Disposal https://core-scientific.com/dental-sharps-disposal/ https://core-scientific.com/dental-sharps-disposal/#comments Tue, 31 May 2022 09:30:35 +0000 https://core-scientific.com/?p=27267 The post Dental Sharps Disposal appeared first on Core Scientific Precious Metals Refinery.

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Dental Sharps Disposal

Busy dental practices deal with a large number of patients regularly, with treatment ranging from cleanings, fillings, routine checkups, extractions, and implants to polishing. And the waste from these daily dental practices can pose a serious problem. This waste not only contains plastic bags, gloves, or used water, but it also includes sharp instruments that can be hazardous. Dental sharps disposal is an important practice if a clinic wants to protect the health of their patients, community, and also the environment.

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What Are Sharps?

Sharps include needles, syringes, and other sharp dental tools that are used to penetrate or puncture the skin. Hypodermal syringes, jaw-clippers, and tongue pressers are all included in sharps. Sharps are considered harmful biological waste because of the presence of patients’ blood, body fluids, or chemical disinfectants on them.

Bodily Wastes on Used Sharps

Waste from the patient’s body such as tissue, blood, saliva, excretions, and other fluids can potentially spread infections. If they are not disposed of properly, they may act as a medium for cross infections. This waste should be disposed of through an appropriate clearance company.

Disinfectants and Other Chemicals

Disinfectants or sterilizing agents are commonly known as hazardous waste and must be disposed of right after use. Chemical disinfectants contain active acidic ingredients or reactive organic compounds that should be avoided from dumping into landfills.

The use of steam and dry heat for sterilizing reduces the dependence on damaging chemicals. Similarly, the use of non-chlorinated containers should be encouraged instead of PVC. This helps to minimize the negative impact on the environment.

ecological dentistry

Protect Your Patients and Staff

The Needlestick Safety and Prevention Act of 2000 requires dentists and other healthcare professionals to create plans to control and minimize exposure to needle sticks. Most injuries related to sharp instruments in dentistry result from accidental punctures from needles. These accidents’ probability can be reduced by taking a few preventive measures:

  • Use approved containers to collect used sharps.
  • Keep these containers close to the work area to minimize handling.
  • Don’t leave sharp instruments unattended.
  • Don’t carry unprotected sharps through areas used by patients.

How Sharps Should Be Disposed

Dental offices need a safe technique or procedure to use and dispose of sharps without affecting the environment. Also, individual protecting devices should be available to the staff whenever required to avoid contact with used sharps. You should consult with an authorized biomedical waste disposal corporation and find out the best practices. Here are some basic recommendations:

  • Avoid touching needle-sticks and other sharps bare-handed. 
  • Sharps should be disposed of in labeled and puncture-proof containers. 
  • These containers should be placed where they can be easily accessible by the dentists.
  • These containers should not be placed near wash areas or electricity sources.

Conclusion

Dental waste management and organization are a vital part of dental practice. Dental offices generate several types of waste that are damaging to the environment and its sustainability. To fully cover the environmentally friendly practices, a dental clinic should also be committed to recycling all kinds of waste they generate. Plastic, paper, and aluminum recycling are all very important practices, but one of the most relevant for dentists is dental scrap recycling.

Dental scrap is a common waste generated in dental offices, but the particular thing about this type of waste is that you can make money recycling it! Dental crowns, bridges, and PFM, all contain precious metals that, when sent to a qualified dental scrap refinery, can generate from $1,000 to $10,000 a year, depending on the amount a clinic generates.

But what is a dental scrap refinery? These are precious metal refineries specialized in dental scrap metal recycling and refining. This means they have the expertise and specialized technologies to properly refine and assay dental scrap.

If you have any dental scrap to recycle, consider that Core Scientific is the leading dental scrap refiner in the US. We pay our clients 2 to 5 times more than any other refinery because we keep a policy of 100% transparency, and we use the latest refining and assaying technologies that allow us to recover more materials and pay you more.

You can request a container now, or get in touch with us if you want to know more about our process.

looking for the best dental scrap refiner?

We are the Leader in Noth America

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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Environmental dentist https://core-scientific.com/environmental-dentist/ https://core-scientific.com/environmental-dentist/#comments Tue, 24 Aug 2021 20:32:09 +0000 https://core-scientific.com/?p=27203 The post Environmental dentist appeared first on Core Scientific Precious Metals Refinery.

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Environmental Dentist

how to turn your practice into a more sustainable dental office

In today’s world, sustainable and “green” practices are becoming common and more influential. Research shows that 70% of the US population choose to buy from environmentally friendly corporations, and this data can’t be ignored by the dental industry. Environmental dentists are in high demand, and some are wondering how to turn their practices into a more sustainable dental office.

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How can you become an environmental dentist?

Environmental dentistry can help eliminate the dangerous effects of this practice on the ecosystem. When a dental professional starts using biologically supportable resources for his practice, he is contributing to diminishing toxic waste, recycling objects, and saving energy. Not only this, but going green can also revolutionize the dental practice, making it more effective and attractive to patients.

Here are some ways by which a dentist can turn towards environmental dentistry:

Installing amalgam separators: One of the chief environmental problems regarding dentistry is mercury pollution. Mercury is included among the chemicals used in dental blends to fix metals together. Verifying that your dental metal mixture waste doesn’t contain mercury is quite easy. Environmental dentistry focuses on the installation of amalgam separators. As the name indicates, amalgam separators sieve out the hazardous waste components from metal mixtures. Also, this equipment is required by law in the US.

Proper handling of metal waste: We must make an important distinction between dental scrap and amalgam waste. Amalgam waste is all dental residue that contains this compound such as capture devices, sludge, contact amalgam, and amalgam capsules; dental scrap consists of dental appliances like crowns, bridges, and PFMs that contain precious metals. Both of these types of metal waste can be recycled, but the task is performed by different kinds of recyclers. The first one being hazardous waste needs to be securely contained and sent to an amalgam recycling facility that charges you to handle it. Dental scrap needs to be refined by a precious metal refinery like Core Scientific, which will pay you for the materials. Dentistry staff should be trained to classify and separate these metal wastes.

Recycling of paper and plastic: This is a kind of waste that every office generates, and it’s not specific to the dental sector. You can help the environment by including this recycling habit in your practice, and fortunately, there are many local recycling centers all across the country. However, the best thing you can aim to do is reduce or directly eliminate the use of plastic and paper. Sending digital appointment reminders to patients, using re-usable or biodegradable cups, and changing plastic bags to recycled paper bags are some options to implement.

Environmental dentistry can actually generate an income

Environmental dentistry is not only about investing in recyclable items to protect the environment. It is also very profitable because it makes your dental practice less expensive to maintain. Disposable items such as suction tips and paper towels make you spend an extra $2,000 every year. That means converting your setup to a green dental clinic is not only a sustainable but also an inexpensive solution.

And most importantly, as we shortly mentioned before, you can make an extra profit by recycling! Dental scrap recycling is an eco-friendly task that can create a passive income for your business. Our clients generate between $1,000 and $10,000 a year just by sending us their materials. We refine the dental scrap and make a very accurate assay to determine the content of precious metals, and then we pay our customers in consequence.

At Core Scientific, we provide our clients with a return 2 to 5 times higher than the rest of dental refiners because we invest in the latest processing and assay technologies to recover most metal and pay you accordingly. We are also committed to our 100% transparency policy, sending you a detailed report of every refining process, and we are the only refinery that provides you with a 24/7 customer portal where you can check the status of your materials, weights, and pictures at every moment.

Ready to become a more environmental dentist and recycle your dental scrap? Request a container now, or get in touch with us to get more info.

looking for the best dental scrap refiner?

We are the Leader in Noth America

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
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Green Dentistry https://core-scientific.com/green-dentistry/ https://core-scientific.com/green-dentistry/#comments Tue, 24 Aug 2021 20:32:09 +0000 https://core-scientific.com/?p=27208 The post Green Dentistry appeared first on Core Scientific Precious Metals Refinery.

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Green Dentistry

Contributing to Sustainability

Green dentistry, or a green dental office, refers to the dental practice that delivers oral health care by using methods, technologies, and resources that encourage environmental sustainability and global health. This is not only beneficial for the protection of the environment, but it also has a positive effect on the general wellness of the patients and the financial health of the dental practices that apply these concepts.

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Increasing Green Dentistry Practices

A sharp rise has been observed in environmental awareness, and people have become more eco-conscious in the past few years. And it has been interpreted as a worldwide movement leading to green conversions in the environment, improving environmental health by saving resources, and lessening unfavorable impacts. Dental offices can contribute to a more maintainable ecosystem and a better environment by practicing green dentistry; at the same time, it attracts patients who seek dental specialists who share the same standards of global wellness.

Green Dental Offices Benefit the Patients and the Environment

Green dentistry highlights four areas of focus: saving water, reducing pollution, conserving energy, and saving paper by going high-tech. Dental professionals now use materials, technology, and techniques that are beneficial and compatible with planetary health. Some of the actions that dentists can take to move towards ecological dentistry are highlighted below.

1. Prevention from radiation intoxication by using digital radiography

Green dentistry minimizes toxic metal waste, like lead and silver, by implementing environment-friendly procedures. It also ensures and minimizes radiation exposure to patients. Digital radiography is one of the most ideal and greener substitutes for x-ray imaging tools used to detect and diagnose oral health problems. It uses digital x-ray sensors and generates less radiation

3. Plastic-free dental care

Dentists who support green dentistry eradicate the use of disposable dental products. Plastic suction cups, plastic bags, and latex bags noticeably harm the environment. Green dentistry substitutes them with reusable products like cloth bibs, washable cups, and cloth headrest protections.

2. Elimination of heavy metals

Metal-free dental resources and equipment help in the elimination of heavy metal use, like mercury, which can end up as toxic metal waste in the waters. Metal amalgam fillings are not only detrimental to the environment, but they are also equally dangerous for patients. Epoxy resin or adhesive dental products are a good substitute.

4. Recycling dental scrap

Dental practices inevitably generate scrap from the extraction and application of crowns, bridges, and PMF appliances. This dental scrap is required by regulation to be properly disposed of, but fortunately, it can be completely recycled and repurposed by sending it to a dental scrap refiner.

Furthermore, did you know that you can get paid for recycling your dental scrap? Most of these dental appliances contain precious metals that can be recovered by an experienced refiner, this way these metals can not only be repurposed, but you also make a profit for it. But it is important to send your materials to the correct refiner. Core Scientific is the leading dental scrap refinery in the USA because we consistently follow two main principles: 100% transparency with our clients and a commitment to providing the highest returns in the industry. We hold ourselves to the highest standards of environmental protection and comply with all regulatory norms. We are also an INC 5,000 company, one of the fastest-growing companies in North America, further establishing us as a referent in the dental industry.

So now that you know that you can make money with dental scrap recycling and become a green dental office at the same time, don’t waste any more time! Contact us now and we will guide you through the process.

looking for the best dental scrap refiner?

We are the Leader in Noth America

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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Ecological Dentistry https://core-scientific.com/ecological-dentistry/ https://core-scientific.com/ecological-dentistry/#comments Wed, 04 Aug 2021 13:23:16 +0000 https://core-scientific.com/?p=27145 The post Ecological Dentistry appeared first on Core Scientific Precious Metals Refinery.

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Ecological Dentistry – All you need to know

In the past decade, the emphasis on eco-friendly practices became popular among the masses, which led to the origination of ecological dentistry. This is dentistry that principally uses ecologically optimized practices to improve and protect the health of patients. Moreover, it focuses on the health of the practice team members and reduces the effect on the global environment and the community.

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Dentists usually don’t go into the dental industry merely to make money, but to help their patients. One of their major goals is the development of the well-being of patients by educating them about oral health. Ecological dentistry connects them to the environmental aspects related to this and helps the patient comprehend their overall health.

How does Ecological Dentistry work?

Also known as “eco-friendly dentistry,” this prototype of health care was founded on the understanding that the health of humans and the environment are associated. Environmental dentists and health professionals are certain of their duty to environmental protection. They serve in their profession while taking on the duty of environmental instructors and activists.

Furthermore, there has been a sharp increase in environmental awareness in recent years. This has been interpreted as a worldwide movement leading to green revolutions. Now the term “going green” is defined as an action for development in the health of the environment and community; this is done by preserving resources and reducing harmful effects on the ecosystem. The practice of ecological dentistry, or eco-dentistry, can support a more sustainable and healthier environment. Patients are more likely to seek oral health professionals who share the same standards of environmental wellness. Thus, by implementing environmentally-friendly practices, dental clinics can offer social value to the society they are rooted in.

What are the benefits of ecological dentistry?

Here are four ways through which eco-friendly dentistry can improve people’s health:

  • It promotes and supports a wellness lifestyle.
  • It reduces pollution and waste.
  • It is very helpful in saving energy, water, and money.
  • The use of digital technologies in ecological dentistry is better for patients and the environment.
ecological dentistry

What comes under ecological dentistry

The major role of eco-dentistry isn’t just about the preservation of the environment from pollution; it is more about encouraging sustainability. It’s a part of a higher movement toward a more naturally supportable health care that improves the health of patients, the local community, the clinic’s staff, and the global community.

Role of Health Professionals

In simple terms, ecological dentistry is an eco-friendly method that is gentle to the planet. Moreover, it creates a considerate environment for patients. By being at the vanguard of ecologically maintainable practice, oral health professionals can make small changes that collectively will positively impact the environment. Everyone, including oral health professionals, can take steps to save energy and decrease greenhouses gases, while also minimizing landfill waste and water usage.

One of the most important actions to take when moving towards ecological dentistry is recycling. Dental scrap recycling is good for the environment and dental practices, but it is very important to choose the correct refinery to send the materials. Core Scientific is the leading dental scrap refiner in the US, not only because we always provide the highest returns to our clients, but also because our highest standards of production help us be an environmentally friendly company, taking our commitment to the community very seriously and complying with all EPA regulations.

Together, these actions can contribute to more stabilized resources and a better environment. At the same time, practicing ecological dentistry helps dental professionals provide social assistance to the local community and deliver a future for present and upcoming generations. You can turn your dental office into a more sustainable practice today by getting in touch with us and start recycling with the best refinery in the US.

looking for the best dental scrap refiner?

We are the Leader in Noth America

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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Dental gold buyers https://core-scientific.com/dental-gold-buyers/ Mon, 19 Apr 2021 20:13:25 +0000 https://core-scientific.com/?p=26689 The post Dental gold buyers appeared first on Core Scientific Precious Metals Refinery.

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Dental Gold Buyers

How to select the best dental gold buyer

Searching online, you will find hundreds of dental gold buyers who claim they are the best. Selecting just one to sell your dental gold to can become difficult.

In this article, you will learn how to select dental gold buyers, so keep reading!

And if you want to know the value of your dental gold, check this article.

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Types of dental gold buyers

  • Cash buyers. Also called middle-man, these people usually go into dental offices and buy jars of dental scrap gold for just a couple hundred dollars. However, these jars are worth a lot more. They later send the scrap to a refinery and keep 70% of the value, or more, to themselves.
  • Local buyers, like regular gold buyers or pawn shops. They might be more qualified to tell you if your scrap actually has any gold in it and maybe other precious metals. But same as before, they can’t know the actual content of these metals, so they will pay you an approximate price, minus their fee.
  • Direct refiners. If you are a company, when you send your dental gold to a dental refiner, they will first process and assay the materials. This way, they get to know the true value of your dental gold, and not just that. They will also identify the presence of other precious metals, which can highly increase the price of your scrap. This is the only way in which you will get paid accurately for your dental gold.

How to choose the right dental gold buyer?

Where to sell dental gold? Our recommendation is to always go to a direct refiner to sell your dental gold and to get the best deal for the reasons we listed above. Cutting off the middle-man will increase your profit a lot.

That being said, you need to choose a direct dental refiner that is reliable and qualified to recycle your dental scrap properly. Core Scientific is the leader of the dental refining industry.

We are a specialized dental refining company with years of experience on the market and a reputation for getting the highest returns to our customers. We are also an INC 5,000 company, one of the fastest-growing private companies in the US. We make precious metal refining easy.

If you are ready to start refining your dental gold, contact us! We will guide you through the process.

Looking for the best dental scrap refinery?

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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How much are gold crowns worth? https://core-scientific.com/how-much-are-gold-crowns-worth/ https://core-scientific.com/how-much-are-gold-crowns-worth/#comments Mon, 19 Apr 2021 19:34:15 +0000 https://core-scientific.com/?p=26713 The post How much are gold crowns worth? appeared first on Core Scientific Precious Metals Refinery.

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How much are gold crowns worth?

How much are gold crowns worth? Or, if they are worth any money at all?

Knowing the value of a gold crown tooth can be tricky, but this article will help you clarify your doubts.

You can also find out where to sell dental gold here.

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How much gold is in a dental crown?

A gold crown normally contains about one-tenth of an ounce of gold or about 3 grams. Considering that the average gold crown uses 16 karat gold, the price of one gold crown with today’s market prices is around $105 (January 10, 2022). You can check the live gold price and calculate the current value in our karat gold calculator.

The reality is that dental gold can go from 10 to 22 karat, and this gold is usually mixed with other precious metals that could raise the value of your gold crown. Learn more about dental gold value.

What is the real value of gold crowns?

Sadly, there is no easy way to know the real content of gold and other precious metals in your dental crowns. You can get an estimate of the price if you know the karat of the gold used, but generally, people don’t have this information.

The absolute best thing you can do is send your gold crowns to a specialized dental refiner, who will melt the precious metals and assay to know the real value. 

Also, gold crowns are not the only dental scrap that is valuable! Bridges, fillings, porcelain fused to metal, silver-colored or white-gold, and other dental alloys can be refined, and you can get a profit for them. You can check the type of dental scrap to send to a refinery like Core Scientific here.

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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Dental Scrap Refining https://core-scientific.com/dental-scrap-refining/ https://core-scientific.com/dental-scrap-refining/#comments Wed, 31 Mar 2021 19:03:09 +0000 https://core-scientific.com/?p=26244 The post Dental Scrap Refining appeared first on Core Scientific Precious Metals Refinery.

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Dental scrap refining – How to find the best dental refiner

What is dental scrap refining?

First of all, before talking about dental scrap refining and how to choose the best dental scrap refiner, if you are not sure about what dental scrap is, you might be interested in checking out this article where we cover the subject.

Dental scrap refining is basically the process of melting the precious metals that are part of dental scrap to separate them from the other non-valuable elements. In this way, they can be recovered and reused, or resold to gain a profit.

looking for the best dental scrap refiner?

What is dental Refiner?

In this case, a dental refiner is nothing more than a precious metal refiner that is specialized in dental scrap refining. For example, Core Scientific is the best dental scrap refiner in North America, we are a precious metal refinery but specialized in dental scrap refining having a dedicated team for the industry and an in-house laboratory.

Type of dental scrap to send to a dental refiner:

  • Porcelain fused to metal
  • Porcelain fused to gold
  • Extractions with inlays and onlays
  • Precious metal crowns and bridges
  • Yellow gold partials
  • Buttons, wire, clasps

Dental scrap that is not accepted: amalgam pellets (contain mercury), traps, x-ray backing (lead), separators, partials (non-precious alloy), instruments, non-metallic scrap.

dental scrap refining

If your dental scrap isn’t on this list and you are not sure if it can be recycled, don’t worry. You can send it anyway, and our professionals will examine it and determine its value.

How to find the best dental refiner.

All precious metal refineries will tell you that they refine dental scrap, but not many of them are specialized in this niche. For your convenience, you might want to work with a dental refiner specialist, who you know can do the job correctly and recover the most precious metals out of your dental scrap.

Core Scientific is a specialized dental refiner. We are the leader in the industry, providing the highest returns. The thousands of dental offices across North America that trust us for all their dental scrap metal recycling needs are proof that we offer a superior service to our customers, who usually experience an increase in their return up to 300% with respect to their previous refiners.

We found several problems in the industry when we first started the company in 2012. Most dental offices were underpaid by their refining suppliers, with these scenarios being the most common:

First, dental professionals were selling their dental scrap to a cash buyer on the spot who presented at their offices and paid, for example, $200 for a jar full of dental scrap, which has an actual value between $1,000 and $10,000. These cash buyers would then go to a dental refinery and gain the difference in price, the dentists earning 20% of the value in the best case.

Second, some refineries worked directly with the dental offices and paid slightly more to earn their business, but then did a similar practice as cash buyers, knowing that the margin was huge between what they paid and the actual value of the scrap, but they kept that information from the customers and got the most profit.

The third scenario was that palladium was being left out of the picture for refining. It can’t be recognized by the naked eye, so cash buyers would tell dentists that they pay only for metals containing yellow gold, and direct refiners didn’t provide palladium results or they hid the content they found, so they both made a huge earning from it without dentists even knowing the value of their scrap. Even worse, because they were badly advised by their suppliers, dental offices would throw away precious pieces of palladium because it looks like every other metal, and they would think it was titanium or steel, which don’t have market value. Palladium has been one of the most used metals for implants, most PFM and dental alloys have it, so dental professionals were losing a great deal of money.

When we found out about these situations, we knew we wanted to make a difference in this industry. That’s why full transparency is our main principle as refiners, and it is also the reason why we’ve been growing so fast as a company. We are an INC 5,000 company, one of the growing private companies in the United States.
We are also Summit Sponsors and the Official Dental Refinery of the American Association of Dental Office Management, meaning we are the only refinery recommended by AADOM.

As part of maintaining this full transparency, we make sure to provide you with a full assay report of your dental scrap after refining it, where you can see how much of each precious metal we found and how much we pay for each of them. We are also the only precious metal refinery that provides a 24/7 customer portal where you can control the weight and pictures of your material, and track all historical settlement records.

We are a dental refinery, with a division specialized in dental scrap refining.

If you are ready to start refining dental scrap with us, get in touch! We will be glad to assist you and start the process.

looking for the best dental scrap refiner?

We are the Leader in Noth America

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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What Is Dental Scrap? https://core-scientific.com/what-is-dental-scrap/ https://core-scientific.com/what-is-dental-scrap/#comments Wed, 17 Mar 2021 19:26:45 +0000 https://core-scientific.com/?p=25906 The post What Is Dental Scrap? appeared first on Core Scientific Precious Metals Refinery.

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What is dental scrap? Everything about dental scrap Metal recycling

Dental scrap is every material left over after a dentist’s intervention. Yet, there is an important distinction to make here: usually, when we talk about dental scrap, we are talking about dental scrap metal that contains precious metals that can be recycled and refined, with a value that’s higher than the cost of this process. That means that you cannot send all kinds of dental implants to recycle because some are just not worth it. Dental scrap metal recycling is a great way to generate passive revenue and help the environment!

Dental practices and dental labs generate a variety of dental scrap metal that can be more or less valuable according to the content of precious metals. Let’s see which ones contain the most.

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Precious metals in dental scrap

Old pieces of dental scrap used to contain a greater quantity of precious metals, but with the advances in dental technology, the use of these elements has been decreasing in recent years.

So, the items that are worth the most because of their noble metal quantities are old yellow-gold implants, crowns, bridges, fillings, inlays, and overlays.

All dental scrap metal that contain white gold or silver-colored metals can be very valuable because they can have a high gold composition or even platinum and palladium. 

Porcelain fused to metal (PFM) and porcelain fused to gold (PFG) crowns have less metal but can be recycled as well.

But even the smallest amounts of precious metals can be recovered, like the granules from floor and bench sweeps, carpeting, and vacuum bags and filters, mostly from dental laboratories. If you are interested in dental scrap metal recycling, the best thing you can do is to contact us, we help you get started and provide you guidelines to recover more dental scrap metal and generate higher returns!

Why you should recycle dental scrap metal

  • Generate passive income: If you have a dental office or a dental lab, and you are not yet recycling your dental scrap, you might be losing a great deal of money. The average dental office generates nearly $3,000 per year, and dental group practices can make up to $10,000 annually. If you work with the correct dental refiner, you’ll be sure to get the most out of your materials.
  • Help the environment: Dental scrap metal recycling is good for the environment. All mining processes for noble metals are contaminating and dangerous, so the more you recycle, the less mining there will be, and the more sustainable your practice will become. Besides, the cost of recycling dental materials is a fraction of the cost of mining the metals. Helping the environment is not just good for everyone, but it also gives you a great reputation among your patients.

Dental scrap recycling with a direct refinery

If you are looking for a dental scrap metal recycling company, going with a direct refiner is always the best choice. Many dental professionals are underpaid because they are selling their dental scrap to a middleman. These agents retain most of the value of the dental scrap recycling process and pay very little to the offices that produced them.

Also, when working with a direct dental refiner, you can make sure they meet all your requirements. You should look for a company that has transparency with its clients, uses the right process technologies, is environmentally friendly, and has an in-house laboratory to test the results of the refining.

Core Scientific is the leader in dental scrap metal recycling in North America. We are a direct precious metal refinery specialized in dental scrap refining that will provide you with the highest return in the industry.  We are an INC 5,000 company, one of the fastest private-growing companies in the USA, and we got this far with a simple concept: transparency and putting you first. We are EPA compliant and very proud of our in-house laboratory, which lowers the times of production and fees. You will get paid sooner and 2 to 5 times more than other providers! 

We use the latest technologies to process your dental scrap metal, so you can be sure to get the most out of its value, and we provide you with our exclusive customer portal so you can track your material at every stage, see pictures, verify weights, and access assay reports.

If you want to get started, contact us! We’ll send you a container, and you can start collecting your dental scrap to generate money.

looking for the best dental scrap refinery?

CONTACT US

Address:

700 Industrial Drive, Ste K

Cary IL

60013, United States

Phone: 866-660-4631

Working hours:

Monday-Friday: 9:00 – 5:00

Saturday: Closed

Sunday: Closed

Google Rating
4.7
Based on 150 reviews
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How To Get More Money for your Dental Scrap https://core-scientific.com/money-for-your-dental-scrap/ https://core-scientific.com/money-for-your-dental-scrap/#respond Tue, 17 Oct 2017 20:02:53 +0000 https://core-scientific.com/?p=878 Let me share a story: The Dentist learns the value of his dental scrap! As a sales associate, I speak...

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Let me share a story: The Dentist learns the value of his dental scrap!

As a sales associate, I speak with dozens of people a day but I recently had an interesting chat with a dentist. While we were talking about his dental scrap materials he mentioned that this material isn’t worth anything. I remember smiling over the phone because this was a response I’ve received before. Dental scrap, like gold crowns or PFM crowns, are usually thrown away or given to a cash buyer. It isn’t something at the “TOP of the LIST”. Which I completely understand.
 
Most dentists are unaware that dental scrap is valuable and can bring in extra revenue for the dental office. This can make a real difference in the office. I told the dentist “did you know you could make thousands on this material?”. He’s shocked!
 
He was only making a few couple hundred dollars from the “cash buyer” but he didn’t think he could make more. Sending to a refinery can get you at least 150% more on your dental scrap than a refiner.
 
He said “Yes let’s get started. There’s so much we can do with that money.” Following that conversation, I sent him our complimentary collection container. This container could be set nearby for you to collect the material in. Once it gets to a certain point all you need to do is call us or log into our customer portal to schedule a pickup. FedEx will pick up the container for FREE. Then in 4-5 business days, we will mail out your refund check.
 
Yes, it’s that easy.
 
Do you want to get started? Request a free collection container today.

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